Snap-on Inc — Director's Dealing 2024

Feb 20, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Snap-on Inc (SNA)
CIK: 0000091440
Period of Report: 2024-02-15

Reporting Person: Miller Richard Thomas (VP, Gen Counsel & Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-02-15	Common Stock	M	1431	—	Acquired	3654.7263	Direct
2024-02-15	Common Stock	F	444	$269.00	Disposed	3210.7263	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-02-15	Performance Units	$	A	878	Acquired		Common Stock (878)	Direct
2024-02-15	Performance Units	$	M	1431	Disposed		Common Stock (1431)	Direct
2024-02-15	Performance Units	$	M	325	Disposed		Common Stock (325)	Direct
2024-02-15	Deferred Stock Units	$	M	325	Acquired		Common Stock (325)	Direct
2024-02-15	Stock Option (Right to Buy)	$269.00	A	2670	Acquired	2034-02-15	Common Stock (2670)	Direct
2024-02-15	Restricted Stock Units	$	A	576	Acquired	2027-02-15	Common Stock (576)	Direct
2024-02-15	Performance Units	$	A	1152	Acquired		Common Stock (1152)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$138.03	2026-02-11	Common Stock (2500)	2500	Direct
Stock Option (Right to Buy)	$168.70	2027-02-09	Common Stock (4750)	4750	Direct
Stock Option (Right to Buy)	$161.18	2028-02-15	Common Stock (3728)	3728	Direct
Stock Option (Right to Buy)	$155.92	2029-02-14	Common Stock (4500)	4500	Direct
Stock Option (Right to Buy)	$155.34	2030-02-13	Common Stock (4700)	4700	Direct
Stock Option (Right to Buy)	$189.89	2031-02-11	Common Stock (2815)	2815	Direct
Stock Option (Right to Buy)	$211.67	2032-02-10	Common Stock (2941)	2941	Direct
Stock Option (Right to Buy)	$249.26	2033-02-09	Common Stock (2433)	2433	Direct
Restricted Stock Units	$	2025-02-10	Common Stock (502)	502	Direct
Restricted Stock Units	$	2026-02-09	Common Stock (556)	556	Direct
Performance Units	$		Common Stock (1006)	1006	Direct
Performance Units	$		Common Stock (1111)	1111	Direct

Footnotes

F1: Based on Company performance during the 2021-2023 period, 200% of the performance units vested (as previously disclosed, the reporting person had the opportunity to earn up to 200% of the number originally reported, subject to plan limits). The reporting person elected to defer the receipt of a portion of the underlying shares.

F2: Shares were withheld to cover tax withholding upon the vesting of performance units.

F3: 1 for 1.

F4: Payment will be made in accordance with the reporting person's deferral election, death, disability or termination of employment.

F5: Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.

F6: The transaction was an option grant. Accordingly, the reporting person did not pay a price to obtain the option.

F7: The restricted stock units vest three years from the grant date on the date listed above, assuming continued employment.

F8: If the Company achieves certain goals over the 2024-2026 period, the performance units will vest and stock will be awarded. The target number of units that may be earned is reported above; the maximum amount is 200% of the number reported, subject to plan limits.

F9: Option fully vested.

F10: If the Company achieves certain goals over the 2022-2024 period, the performance units will vest and stock will be awarded. The target number of units that may be earned is reported above; the maximum amount is 200% of the number reported, subject to plan limits.

F11: If the Company achieves certain goals over the 2023-2025 period, the performance units will vest and stock will be awarded. The target number of units that may be earned is reported above; the maximum amount is 200% of the number reported, subject to plan limits.